Toyota moving electric SUV production from Indiana to Kentucky
Toyota is making changes to its plans to produce two new electric SUVs, affecting a major investment previously announced for its facility in Gibson County.... Read More
Toyota is making changes to its plans to produce two new electric SUVs, affecting a major investment previously announced for its facility in Gibson County.... Read More
Decatur Plastic Products, an automotive components manufacturer in North Vernon, is under new ownership. The company's assets have been acquired by Elton Manufacturing in Ontario, Canada, though financial terms were not disclosed.... Read More
One Southern Indiana, the economic development organization and chamber of commerce for Clark and Floyd counties, said this week that Ware will occupy the former Hitachi property, which will nearly triple the space of the company's current operations.... Read More
Jennifer Wolfenbarger has been appointed the company's new chief financial officer and chief accounting officer, while Daniela Williams will serve as chief human resources officer.... Read More
The construction of a 73,000-square-foot warehouse is underway in Evansville this summer at Uniseal, an automotive sealants and adhesives manufacturer and subsidiary of South Korea-based LG Chem. ... Read More
Ohio-based Keller Logistics Group has broken ground on a 150,000-square-foot speculative warehouse building at the Grissom Aeroplex in Bunker Hill. The facility is being designed to serve tenants in the distribution, logistics and manufacturing industries.... Read More
Versa-Drill, a manufacturer of premium drilling rigs headquartered in Indianapolis, is under new ownership. The company has been acquired by California-based private equity firm Charger Investment Partners, though financial terms are not being disclosed.... Read More
Hoosier Racing Tire is moving forward with a $16.8 million investment at its Plymouth facility following the city’s approval of a seven-year personal property tax abatement. The expansion is expected to enhance production capabilities and support future growth.... Read More
A 600,000-square-foot addition to the Walmart Distribution Center in Garrett hit the halfway mark on Wednesday. Our partners at WPTA-TV report crews installed the final steel beam on the structure in a topping out ceremony.... Read More
Jasper Holdings Inc., the parent of a host of companies in the automotive industry, has acquired a regional plumbing contractor with several branches in the Southeast.... Read More
Nippon is keeping most of U.S. Steel's executive structure in place, but is making major changes to the board of directors as the Japanese steelmaking takes control of the new company. ... Read More
The milestone car was a Subaru Legacy which is a model being retired at the end of this year.... Read More
The Plymouth Common Council approved a personal property tax abatement for Hoosier Racing Tire this week as the company plans a $16.8 million investment in new equipment at its Plymouth facility. The investment includes a new radial tire building machine ...... Read More
Phenix Corp., a manufacturer and supplier of custom food packaging and packaging equipment based in the Warrick County town of Elberfeld, broke ground Thursday on its new corporate headquarters and manufacturing facility.... Read More
GE Appliances announced a nearly half-billion-dollar project Thursday that it says will create 800 new jobs and shift production of clothes washers from China to its massive manufacturing complex in Kentucky.... Read More
Elkhart-based Poly Electronics is doubling down on its commitment to advanced manufacturing with a $1.1 million dollar investment in a second Surface Mount Technology (SMT) assembly line. The move is expected to significantly boost production capacity ...... Read More
Kimball Electronics’ new Indianapolis site for contract manufacturing for the medical industry is big. How big? Victory Field, home of the Indianapolis Indians, would just about fit perfectly inside the company’s new 307,000-square-foot facility.... Read More
Nippon Steel’s announcement that it would take over U.S. Steel seemed doomed from the start: a deal, cut by a foreign company, involving workers in an iconic American manufacturing industry, in the swing state of Pennsylvania, in a presidential election year.... Read More
UPS is set to close its distribution center in the northern Indiana town of Bourbon on Tuesday. The company said the move is part of its network reconfiguration initiative, designed to optimize capacity and enhance productivity at its distribution facilities.... Read More
Two companies headquartered in Indiana are being recognized in Fast Company's annual list of "World Changing Ideas." The publication said the list features projects that have created—or are trying to create—"substantive, positive change in the world."... Read More